Financial

Charms with Disney images by Pandora

Financial

Pandora CEO Resigns; Struggling Jeweler Cuts 400 Jobs

Charms, the company’s most important products, are not selling as expected.

clock August 9, 2018Mimosa Spencer

Rolex is one of the high-end watch brands most often seen by luxury pawnbrokers, along with Audemars Piguet and Patek Philippe.

Financial

Cashing in on Luxury: Pawnbrokers Develop New Market

Rings and diamonds; handbags and accessories, and high-end watches are among the top-three categories most frequently taken to luxury pawnbrokers by consumers seeking quick cash.

clock August 9, 2018Micaela Marini Higgs

Shiseido Products

Financial

Shiseido’s First-Half Net Profit More Than Doubles

Strong sales and increased marketing investment helped to boost the company’s bottom line.

clock August 8, 2018Kelly Wetherille

The Fossil Q Venture.

Financial

Smartwatches Power Fossil

Connected watch sales grew 91 percent in the second quarter, helping offset weakness in the company’s traditional offering.

clock August 7, 2018Evan Clark

Tod's Mr. Bags

Financial

Tod’s Shares Settle After Soaring Up

On Monday, the group’s shares jumped 17.4 percent to 63.45 euros after the release of the company’s first-half results.

clock August 7, 2018Sandra Salibian

A Zalando fulfillment center.

Financial

Zalando Lowers Guidance Despite Q2 Improvement

Noting ongoing investments and adverse seasonal weather conditions, Zalando specifies full guidance in the lower half of its target corridors.

clock August 7, 2018Melissa Drier

Looks from Pandora's fall collection.

Financial

Pandora Lowers FY Guidance After Disappointing Q2

The Copenhagen-based jewelry firm revised its forecasts for sales and EBITDA margin after pre-releasing the second-quarter figures.

clock August 6, 2018Joelle Diderich

Cherokee

Financial

Cherokee Inks $40 Million Term Loan

Cherokee’s partnering with Gordon Brothers could mean more collaborations between the two on future deals.

clock August 6, 2018Vicki M. Young

Traffic passes the flagship store of Lord & Taylor in New York on Thursday, June 22, 2006. Federated Department Stores Inc. is close to signing a deal to sell its Lord & Taylor chain to private-equity player Apollo Real Estate Advisors and shopping center developer NRDC Real Estate Advisors LLC for approximately $1.2 billion. (AP Photo/Mark Lennihan)

Financial

Lord & Taylor Flagship Sale Delayed

Hudson’s Bay Co. and WeWork amended their $850 million deal, delaying the closing and perhaps lowering the cash portion of the transaction.

clock August 3, 2018Evan Clark

Tod's x Mr. Bag's "Double T"

Financial

Currencies Dent Tod’s H1 Performance, Group Invests in Omnichannel

The Italian luxury group is acquiring and internalizing the e-commerce company Italiantouch for 25 million euros to develop an omnichannel business.

clock August 3, 2018Luisa Zargani

Ralph Lauren Men's Spring 2019

Financial

Upbeat Mood at Ralph’s Annual Meeting

Shareholders were informed about the firm’s Next Great Chapter initiatives.

clock August 2, 2018Vicki M. Young

A new Moschino design produced by Safilo

Financial

Safilo Updates 2020 Plan as It Posts Weak First-Half Performance

The Italian eyewear manufacturer operated at a loss and saw a decrease in revenues in the first six months of the year.

clock August 2, 2018Luisa Zargani

The Rent the Runway's flagship store in New York.

Financial

Rent the Runway Secures $200 Million Credit Facility

The company plans to use the line of credit from Temasek to build on its fast-growing subscription business.

clock August 2, 2018Evan Clark

Giorgio Armani at the inauguration of the new Armani Casa flagship in Milan.

Financial

Giorgio Armani 2017 Profits Dented by Restructuring, Sees Growth in 2020

Last year, the company reached an all-time high cash pile of one billion euros, earmarked for further investments in the group’s brands.

clock August 2, 2018Luisa Zargani

Hugo RTW Spring 2019

Financial

Hugo Boss Sales Pick Up, but Earnings Slip in Q2

The German apparel giant says it is on track, and confirms full-year targets.

clock August 2, 2018Melissa Drier

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Shaquille O'Neal

Men's

Shaq, Penney's Primed for Debut of New B&T Collection

clock August 20, 2018Jean E. Palmieri

Social Studies